The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of intelligent railway transport system market. The increasing use of rail transport among all modes of transportation has created an effective and timely management of services among others such as scheduling of trains. Whereas, the increased need for adoption of intelligent transport system in railways has made this possible and hence has increased the customer experience and security. The ability of the systems to regulate the road traffic near railway track signals is also fostering the growth of this market. The ability of the system to provide real time information about the arrival and departure of train and the platform number at the display screen of the platform is also driving the growth of this market.
The global market for Intelligent Railway Transport System (IRTS) was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
QYResearch (Global Market Report Research Publisher) announces the release of 2024 latest report “Intelligent Railway Transport System (IRTS) – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Intelligent Railway Transport System (IRTS) market, including market size, share, demand, industry development status, and forecasts for the next few years.
This report will help you generate, evaluate and implement strategic decisions as it provides the necessary information on technology-strategy mapping and emerging trends. The report’s analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market’s dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
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This Intelligent Railway Transport System (IRTS) Market Research/Analysis Report includes the following points:
- How much is the global Intelligent Railway Transport System (IRTS)market worth? What was the value of the market In 2020?
- Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different typesand upcoming industry applications of products in Intelligent Railway Transport System (IRTS)?
- What are Projections of Global Intelligent Railway Transport System (IRTS)Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit?
- What Will Be Market Share, Supply,Consumption and Import and Export of Intelligent Railway Transport System (IRTS)?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Intelligent Railway Transport System (IRTS)Industry?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Intelligent Railway Transport System (IRTS)? What are the raw materials used for Intelligent Railway Transport System (IRTS)manufacturing?
- Who are the major Manufacturersin the Intelligent Railway Transport System (IRTS) market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Intelligent Railway Transport System (IRTS) market is segmented as below:
By Company
ABB
Indra Sistemas
Alstom
Alcatel-Lucent
Bombardier
Hitachi
Cisco
Siemens
International Business Machines
General Electric
Ansaldo Signalling and Transportation Systems
Segment by Type
Rail Sensors
Smart Cards
Video Surveillance Cameras
Segment by Application
Passenger Information System (PIS)
Advanced Security Management System
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report’s analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market’s dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
Each chapter of the report provides detailed information for readers to further understand the Intelligent Railway Transport System (IRTS) market:
Chapter One: Introduces the study scope of this report, executive summary of market segment by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Two: Detailed analysis of Intelligent Railway Transport System (IRTS) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Intelligent Railway Transport System (IRTS) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Table of Contents
1 Intelligent Railway Transport System (IRTS) Market Overview
1.1 Intelligent Railway Transport System (IRTS) Product Overview
1.2 Intelligent Railway Transport System (IRTS) Market by Type
1.3 Global Intelligent Railway Transport System (IRTS) Market Size by Type
1.3.1 Global Intelligent Railway Transport System (IRTS) Market Size Overview by Type (2019-2030)
1.3.2 Global Intelligent Railway Transport System (IRTS) Historic Market Size Review by Type (2019-2024)
1.3.3 Global Intelligent Railway Transport System (IRTS) Forecasted Market Size by Type (2025-2030)
1.4 Key Regions Market Size by Type
1.4.1 North America Intelligent Railway Transport System (IRTS) Sales Breakdown by Type (2019-2024)
1.4.2 Europe Intelligent Railway Transport System (IRTS) Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific Intelligent Railway Transport System (IRTS) Sales Breakdown by Type (2019-2024)
1.4.4 Latin America Intelligent Railway Transport System (IRTS) Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa Intelligent Railway Transport System (IRTS) Sales Breakdown by Type (2019-2024)
2 Intelligent Railway Transport System (IRTS) Market Competition by Company
2.1 Global Top Players by Intelligent Railway Transport System (IRTS) Sales (2019-2024)
2.2 Global Top Players by Intelligent Railway Transport System (IRTS) Revenue (2019-2024)
2.3 Global Top Players by Intelligent Railway Transport System (IRTS) Price (2019-2024)
2.4 Global Top Manufacturers Intelligent Railway Transport System (IRTS) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Intelligent Railway Transport System (IRTS) Market Competitive Situation and Trends
2.5.1 Intelligent Railway Transport System (IRTS) Market Concentration Rate (2019-2024)
2.5.2 Global 5 and 10 Largest Manufacturers by Intelligent Railway Transport System (IRTS) Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Intelligent Railway Transport System (IRTS) as of 2023)
2.7 Date of Key Manufacturers Enter into Intelligent Railway Transport System (IRTS) Market
2.8 Key Manufacturers Intelligent Railway Transport System (IRTS) Product Offered
2.9 Mergers & Acquisitions, Expansion
…
Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.
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